Full Year Results 

Old Mutual facing headwinds

Old Mutual facing headwinds

Old Mutual (OMU) appears to have come through its fundamental restructuring in fairly good shape, although weak market conditions saw funds under management slip 3 per cent to ZAR1.044bn (£55.8m) at the December year-end. The managed separation included the successful un-bundling of 32 per cent of Nedbank, leaving it with a holding of 19.9 per cent.  

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